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April 17, 2024

RealEcon
Onshoring Semiconductor Production: National Security Versus Economic Efficiency

Policymakers are increasingly concerned by the U.S.’s dependence on Taiwanese semiconductors. Is onshoring their production to the U.S.—a goal of the CHIPS and Science Act—a practical path forward? 

A wafer can be seen as taiwanese chip giant TSMC holds a ceremony to start mass production of its most advanced 3-nanometer chips in the southern city of Tainan, Taiwan December 29, 2022.

April 15, 2024

RealEcon
Weighing the Pros and Cons of Global Trade Leadership

Under Biden and Trump, the U.S. has broken from its long-standing free trade policy. CFR trade experts assess whether the rules-based trading system is worth saving.

A logo is seen at the World Trade Organization (WTO) headquarters before a news conference in Geneva, Switzerland, October 5, 2022.

March 4, 2024

United States
A Self-Absorbed America Means Disorder for the World

The dam holding back chaos in U.S. foreign policy is cracking.

Supporters of Republican presidential candidate and former U.S. President Donald Trump gather on the street with Trump flags, ahead of Super Tuesday, in Huntington Beach, California, U.S.

January 22, 2024

Trade
The Curse of Nostalgia: Industrial Policy in the United States

A critical look at the past and present of industrial policy shows that its recent popularity is not only misguided, but is likely to have negative economic and geopolitical consequences for the Unit…

President Joe Biden signs the Inflation Reduction Act in the State Dining Room of the White House in Washington on August 16, 2022.

February 27, 2024

International Law
Three Challenging Policy Issues for the Prosecutor in the Israel-Hamas Situation

The chief prosecutor of the International Criminal Court (ICC),[1] Karim A. A. Khan,[2] faces several challenging policy issues in the months ahead regarding the Israel-Hamas situation.[3] In this co…

October 18, 2022

China
Washington Raises Stakes in War on Chinese Technology

New U.S. sanctions are in some ways more restrictive than Cold-War era controls.

Semiconductor device at Semicon China.

March 17, 2023

China
How to Read Xi’s Muscular Message on China’s Global Role

Xi Jinping used the annual legislative session to lock in his tenure as president and reinforce China’s assertive foreign policy and the reemergence of its economy.

Chinese President Xi Jinping prepares to take his oath during the Third Plenary Session of the National People’s Congress.